How to record a parts stock comming from a car breaking

Hi @Engines_Nottingham

You wouldn’t need to worry about the value of the stock until you need to enter a stock journal, which is often at year end for the purpose of your accounts. Until this time, you can simply log the purchase (the £1,000) to ‘General Purchases’, and log the sales to a sales nominal code.

We have a guide on opening and closing stock levels that you may find useful:

I hope that helps!

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